The hiking trails are good, mountain views are fantastic, the events draw a ton of tourism, but it doesn't mean buy a $500K, 2 bedroom cabin, with no view, 30 mins from everything.

The country has seen significant growth in the tourism  sector in recent years, with a growing number of international visitors flocking to cities such as Marrakech and Casablanca.Overall, Morocco's real estate market presents a range of investment opportunities, particularly in areas surrounding industrial zones and in tourist hotspots. 

This property has been booking up pretty solid minus the spring time which tends to be a bit of a mud season and therefore pretty low from a tourism perspective. 

They have strong tourism and will always be destinations people fly to, from around the world.

Pay close attention to the submarkets and be more cautious of markets that rely heavily on tourism.

Maybe they work downtown and make more from tourism and conventions.

So a $1M home could actually be less risky than a $300k home depending on your margins, whether it’s a tourism-only market vs somewhere you could also rent long term if the tourism market takes a nose dive, how favorable the regulatory environment will be over the next decades, etc.I personally would be hesitant to buy a home in a tourism-only market where my acquisition price implies razor thin profit margins - what happens if we hit a recession, people pull back on discretionary spending (vacations), and I can’t afford to lower prices bc I need to pay my mortgage?

There was about a 4 week halt in tourism and JAZZFEST was re-scheduled for the Spring, but other than that, nothing big where I bought. 

This may be for tourism like Nazare, Peniche, Figueira da Foz, or Fatima, or for retiree expats like Caldas da Rainha.

Marinas and commercial land for sale made me think that the invasive carp issue was affecting the draw to the lake or it was not exactly a booming tourism market.